Balgarianovinite.com The Turkish Independent Industrialists and Businessmen Association (MUSIAD) supports free trade, as agreements and friendships stimulate commerce and profits. From this perspective, Turkiye is making efforts to conclude more agreements with its neighbouring countries, Selim Sar, Vice Chairman, responsible for MUSIAD’s Overseas Organization Committee, said in Sofia on Wednesday.
Sar is on an official visit to Bulgaria and met representatives of Bulgarian media at the Sofia office of the Association. The meeting, organized in cooperation with the Office of the Communications Counsellor at the Directorate of Communications at the Embassy of the Republic of Turkiye in Sofia, aimed to present MUSIAD’s structure, activities, and mission. The organization has had an official representation in Bulgaria since 2023.
“Economy comes first in relations between Turkiye and Bulgaria,” Dilek Kutuk, Communications Counsellor at the Turkish Embassy said at the beginning of the meeting. “Our goal is to identify the needs of Turkish and Bulgarian businesses and to build a bridge between the two countries so that companies can smoothly develop their business relations.” Kutuk described MUSIAD as one of the most important organizations in Turkiye.
Explaining MUSIAD’s activities in Bulgaria since 2019, he noted that the association is active in four regions of the country. The business sectors represented include media and communications; energy and environment; finance, consulting, and education; food, agriculture, and livestock; construction and construction materials; chemical industry, metals, mining, and metallurgy; transport and logistics; machinery manufacturing; automotive industry; healthcare; tourism and textiles.
“In Turkiye, MUSIAD is primarily active in the services sector. The second most developed field is defence, followed by construction, while machinery manufacturing is the fourth most strongly represented sector within the organization,” Sar explained, adding: “In Bulgaria, the association is strongest in food trade, logistics, and freight forwarding.”
With the support of MUSIAD’s investment agency, the association will seek to further improve trade relations between Bulgaria and Turkiye, Sar assured. According to him, the goal is to increase bilateral trade turnover from the current approximately USD 7.7 billion in 2024 to USD 10 billion. He emphasized that this can be achieved through sector-based cooperation and coordination, highlighting logistics and machinery manufacturing as key sectors.
According to Sar, the association strives to become more actively involved in trade between Europe and Turkiye.
He announced plans to organize a General Assembly in Bulgaria in April or May, accompanied by a stronger business presence. In addition, a major investment forum is planned to be held in the country in 2027.
Selim Sar’s visit to Bulgaria continues with meetings in other Bulgarian cities, including Razgrad (Northeastern Bulgaria) and Plovdiv, MUSIAD representatives said. Turkish Independent Industrialists and Businessmen Association Supports Free Trade, Vice Chairman Sar Says in Sofia 2026 THE NEWS FROM BULGARIA – NEWS AGENCY 2009-2025 2026-01-07 19:46:04 Latest news World news Country news Most important news latest news most important latest of the day Justice Petar Nizamov Feathers Petar Nizamov- Feathers Justice bg iustitia.bg iustitia iusticia usticia investigation Burgas Bulgaria news news of the last hour news of the day news of today Bulgaria news The news from Bulgaria blitz news top news most important most commented latest news Boyko Borisov news weather coronavirus news news weather facebook youtube facebook instagram news today news of the last minutes news today today news news bg news leading news hot news bg news site for news all news news bg news of the last hour latest latest news bg news of today news today news today news of the last hour latest news today news bg news news 24 hours news vesti bg novini news world bird bg bivol bg bivol trud bg novini latest news today novinite bg news hello bulgaria political party coat of arms delyan peevski scandalous Bulgarian National Television Free Europe Television scandal exclusive live tv live right now tv tv online tv program bg live now tv news online tv online live court Burgas court Burgas district court Burgas court Burgas district court Burgas district court Burgas appellate court Burgas prosecutor Burgas prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Prosecutor General Ivan Geshev Prosecutor Geshev Tsatsarov Ministry of Internal Affairs Burgas ODMR Burgas ODPR Burgas police Burgas district police Burgas prosecutor Tsatsarov SGS cases Varna court chairman of the SGS court decisions on civil cases decisions on cases Plovdiv court decision of the court decisions cases Varna court criminal cases district district court decisions work in the court SGS chairman of the SGS judges Sofia court post judges Plovdiv court Plovdiv judges Plovdiv Supreme Court Inspectorate Supreme Court Supreme Judicial Council lawyer lawyer criminal cases lawyer civil cases lawyer marriage cases lawyer administrative criminal law criminal process civil law civil process administrative law constitutional law